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Nitella [24]
3 years ago
14

(Externalities) Complete each of the following sentences: a. Resources for which periodic use can be continued indefinitely are

known as ____________ resources. b. Resources that are available only in a fixed amount are ____________ resources. c. The possibility that an open-access resource is used until the net marginal value of additional use equals zero is known as the ____________.
Business
1 answer:
Tamiku [17]3 years ago
7 0

Answer:

a. Renewable resources

b. Exhaustible resources

c. Common pool resources

Explanation:

a. Resources for which periodic use can be continued indefinitely are known as <u>renewable resources</u>. These refer to resources which can be reproduced and available over a period of time

b. Resources that are available only in a fixed amount are <u>exhaustible resources</u>. These refer to resources which are available at fixed quantity.

c. The possibility that an open-access resource is used until the net marginal value of additional use equals zero is known as the <u>Common pool resources</u>. These refer to renewable resources which can be accessible by everyone.

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Melinda signs a three year contract for employment as a legal studies lecturer. Does this type of contract fall within the scope
abruzzese [7]

Answer: Yes, because it is a contract whose terms prevent possible performance within one year

Explanation:

The Statute of Fraud mandates that certain contracts need to be written down. These contracts include the sale of land, amounts involving more than $500 and contracts that have a timeframe of over a year.

Melinda entered into a contract with terms that have to be fulfilled in more than a year. It is therefore under the Statute of Frauds.

3 0
3 years ago
What is compounding interest?
Svetlanka [38]

Answer:

d

Explanation:

the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

4 0
2 years ago
Bill wants to give Maria a $590,000 gift in two years. If money is worth 12% compounded semiannually, what is Maria's gift worth
PtichkaEL [24]

Answer:

the present value is $467,335.2613

Explanation:

The computation of the value worth today is shown below:

= Amount in two years ÷ (1 + rate of interest)^number of years

= $590,000 ÷ (1 + 12% ÷ 2)^2×2

= $590,000 ÷ 1.06^4

= $590,000 ÷ 1.26247696

= $467,335.2613

Hence, the present value is $467,335.2613

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

8 0
3 years ago
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be
Olegator [25]
When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal, this is known as the equilibrium price. Equilibrium price is the price set by a market in which the amount of products that are supplied is equal to the amount of products that are demanded.
8 0
2 years ago
Choose as many answers as apply.
finlep [7]
2, 3, and 4, make the most sense to me. I'm not completely sure about 4, but I'm confident about the other two :)
8 0
3 years ago
Read 2 more answers
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